TV TOKYO Holdings Corporation (TSE:9413) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

Last week, you might have seen that TV TOKYO Holdings Corporation (TSE:9413) released its half-yearly result to the market. The early response was not positive, with shares down 8.9% to JP¥3,020 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at JP¥38b, statutory earnings were in line with expectations, at JP¥248 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for TV TOKYO Holdings

Taking into account the latest results, the most recent consensus for TV TOKYO Holdings from four analysts is for revenues of JP¥154.8b in 2025. If met, it would imply a satisfactory 2.2% increase on its revenue over the past 12 months. Per-share earnings are expected to ascend 15% to JP¥233. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥155.0b and earnings per share (EPS) of JP¥250 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

The consensus price target held steady at JP¥3,923, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on TV TOKYO Holdings, with the most bullish analyst valuing it at JP¥4,340 and the most bearish at JP¥3,600 per share. This is a very narrow spread of estimates, implying either that TV TOKYO Holdings is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the TV TOKYO Holdings' past performance and to peers in the same industry. It's clear from the latest estimates that TV TOKYO Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 4.5% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 1.2% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.8% annually. TV TOKYO Holdings is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at JP¥3,923, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for TV TOKYO Holdings going out to 2027, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 1 warning sign for TV TOKYO Holdings you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.